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Lucent Technologies, one of the world's biggest makers of communications equipment, announced a broad reorganization that includes eliminating 10,000 jobs, about 9.4percentt of its workers.
The company, a joint venture of the Eastman Kodak Company and Sun Chemical of Japan, said the closing was part of a worldwide revamping effort that includes eliminating 10 to 15percentt of its 4,200 jobs.
He has already raised about $500,000 for a political action committee to push an agenda that includes eliminating the Board of Education, streamlining the city's campaign finance program and abolishing term limits.
Trump proposed an $8.6 billion cut for the Department of Housing and Urban Development for 2020, a 16.4percentt decrease from the 2019 estimate that includes eliminating the Community Development Block Grant program and as well as capital improvement funds for public housing repairs.
On Nov. 30 Matsushita Electric Industrial, the world's largest consumer electronics company and parent of famous brands such as Panasonic, National, Quasar and Technics, announced a three-year cost-saving plan that includes eliminating 30 of its 247 factories.
At the same time, Mourdock is running on a platform that includes eliminating the IRS and abandoning the income tax in favor of a "consumption" tax.
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It took a $1 billion write-down in 2009, leading to a reorganization that included eliminating jobs and reducing lending.
Struggling to regain its former glory, Lucent Technologies announced a broad revamping yesterday that included eliminating 10,000 jobs -- about 9.4percentt of its workers.
Credit Suisse started a cost-cutting program last year that included eliminating 3,500 jobs and was intended to result in 2 billion francs in annual savings by the end of 2013.
Division III presidents voted Monday to pass a broad reform of Division III athletics that included eliminating athletic scholarships, but they then adopted a resolution that effectively exempted the eight colleges.
The New Jersey cuts were announced only days after Gov. Bob Holden of Missouri issued a budget proposal that included eliminating the state arts council, which last year had a budget of $3.9 million.
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